According to the Prime Minister, the balance of power in the Western world will change by the end of the year.
On Sunday, Prime Minister Viktor Orbán explained in Kossuth radio's Sunday newspaper program that
the problem is not with Hungarian industry, but with commercial challenges, since the main task is to sell our products.
The prime minister pointed out that Hungary produces for the global market, so the situation on the world market has a direct impact on the expansion or contraction of the customer base.
As he said, the world economy fluctuates by its nature, but this may change over time. He added that significant domestic developments have taken place in recent years, although if we are unlucky, they may hit the market during an ups and downs.
Viktor Orbán expressed his hope that the BMW factory will start operating in the next period, and that if battery production starts and the world economy stabilizes, the European economy can also recover.
"If they can't buy our products in the West, then buy them in the East - this is necessary to restore the economy"
- said the prime minister, adding that it is necessary to contact Elek Nagy, the president of the Chamber of Commerce and Industry, as soon as possible, and at the same time he thanked former president László Parragh for his work.
The Prime Minister stated that
employers and employees must agree on wages, and the new head of the Hungarian Chamber of Commerce and Industry (MKIK) can help with this.
The next topic is the employee loan that can be applied for from January. There are three hundred thousand young people who will be entitled to this HUF 4 million interest-free loan.
Viktor Orbán said that the average wage can be determined by those who work, while the wage level can be judged by those active in the economy - "not someone from behind a desk."
He stressed that both workers and factories have legitimate demands, and that these need to be resolved through wage negotiations, not advice from politicians who have no real economic experience but still want to tell them what to do. "This makes the hair on my back stand up," remarked the Prime Minister.
He sees that while the government has a regulatory responsibility, it does not directly control the economy. He added that the reality should not be about how much the wage should be, but about those who run the economy negotiating.
Hungary wants to support not only young students, but also working young people.
In connection with the employment loan, he noted that about 20,000 students currently have student loans in Hungary, and added that the government has helped 50,000 students obtain a degree in recent years.
“But what about those who come from the working class? It is true that they start work earlier, but it is also difficult for them to start. We don't want to support the lazy, but most people want to work"
said Viktor Orbán.
The prime minister also touched on the fact that, due to housing difficulties, the start of independent life for young people is being postponed more and more later. However, in his opinion, the recently announced support has eased this situation.
He also emphasized that the worker's loan will be available to the 17-25-year-old age group, and HUF 4 million will help those who start working earlier.
Viktor Orbán sees that the large companies are stable and that the industrial production capacities have already been developed. For example, construction enterprises are strong, and Hungarian companies implement significant projects abroad.
In the case of medium-sized enterprises, however, the goal is to be able to appear on the international market.
Viktor Orbán explained that smaller businesses are currently having a hard time getting by, so the purpose of the recently presented Sándor Demján program is to support them.
Within the framework of the program, the state participates in the enterprises through the deposit loan, and they can increase the capacity of the companies with member loans. "This is a new economic policy initiative," said the Prime Minister, who, according to him,
3-3.5 percent growth is expected in the next year, and 2025 could be an outstanding year from this point of view.
Viktor Orbán said that next week more than 40 heads of state and government of Western countries will arrive in Budapest, such a large-scale meeting has never been held in the Hungarian capital.
However, he called the American presidential election the most exciting issue. In his opinion, the balance of power in the Western world will change by the end of the year. "The world will change on Tuesday," he said, implying that he believes the tide will turn in America and that Donald Trump will once again become the president of the United States, so that a pro-peace majority against migration policy can emerge.
Orbán believes that the attacks on the traditional family model will stop and that family policy will once again come to the fore. According to him, a pro-peace, anti-migration government will come to power in the USA, and this could mean new opportunities for Hungary. "Now we are sitting in the corner on the hokedlin, while the Americans and the Russians are on the throne," he said.
He added that
if the expected turn really occurs, Europe cannot remain pro-war either".
You can watch the Prime Minister's interview here:
Featured image: In the image published by the Prime Minister's Press Office, Prime Minister Viktor Orbán gives an interview to Good morning, Hungary! in the program called Kossuth Rádió on November 10, 2023. MTI/Prime Minister's Press Office/Zoltán Fischer
